Tag: Bajaj Finance

Bajaj Finance to acquire 26% stake in fintech Pennant Technologies for ₹267.50 crore

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Non-bank lender Bajaj Finance is acquiring 26% equity stake in Hyderabad-based fintech solutions provider Pennant Technologies for ₹267.50 crore. It is aimed at strengthening the company’s technology roadmap, Bajaj Finance said in a filing on October 17 ahead of its Board meeting for the September quarter results. A binding term sheet was signed for the…

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Mcap of six of top 10 firms jumps ₹70,527.11 crore; Reliance Industries biggest gainer

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Reliance Industries remained the country’s most valued firm. File | Photo Credit: REUTERS The combined market valuation of six of the top 10 valued firms jumped ₹70,527.11 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer. While Hindustan Unilever Ltd, Bharti Airtel, ITC, ICICI Bank and HDFC Bank were the gainers,…

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